Services For businesses

For more information, contact us and let a benefit specialist assist you in picking the best plan for your company.

Benefit Risk ManagementRunning and managing your business is a major undertaking. Each year, new laws are passed, changed and amended on the federal and state level affecting employee benefits. The marketplace is also a changing maze: new plans, coverage and carriers. It can be a nightmare trying to keep up with the changes. In order to ensure that your program is in compliance, as well as meet the needs of you and your employees, you need a specialist to oversee that these objectives are met. We will also help you structure and select the best plan for your business. Risk management is a key factor in proper benefit structure and success.

Benefit Enrollment & CommunicationProducts are used to fund the best and the worst benefit plans in the workplace today. If your plan is not correctly enrolled, then the headaches will start before the first claim has ever been filed. The same is true for poor communication of benefits and procedures to employees and their dependents. The majority of employees have little to no idea about their coverage or how to correctly use them. Many plans today have financial penalties for incorrect usage. Employee benefits are the second most important factor to ne ad current employees. We can also assist your HR Department in data collection and core benefit services. We can also provide you with benefit statements. Correct communication and enrollment are keys to a successful benefit plan.

Business Continuation PlanningThe principal objective of a buy-sell agreement is to replace uncertainty with certainty. The buy-sell agreement establishes a contractual method of transfer of a business interest. Under this agreement, the ownership of each owner of the business is to be sold wien a specific event occurs: death, disability or retirement. It is sometimes referred to as a purchase agreement, stock retirement, or business continuation agreement.Employee Resource Services

Executive Fringe BenefitsFor small and large companies to survive and grow, the key asset is always contered around quality key personnel, owners, officers and managers. By installing benefits like salary continuation, executive bonus plans, deferred compensation and keyman packages, you will give your business a greater change and ensure growth and loyalty. This program can be structured to meet the smallest budget and still generate ideal benefit and satisfaction.

Flexible Benefits Program(Also called: cafeteria plan, Section 125 Plan)This program is a direct result of Section 125 of the Internal Revenue Code. The United States Congress created this section in the Revenue Act of 1978. This was done in order to make benefits more affordable for employees. There are two parts to this program: premium conversion and flexible spending account. This process is centered around pretaxing benefits. This allows employees to reduce taxes and create an increase in take home pay. The employer also enjoys a direct savings on FICA and FUTA.

Group MedicalThe marketplace of group benefits has made major changes each year, and will continue to change in the future. Changes include; new plans, new carriers and rates. Change is a standard factor in this field. We have access to comprehensive market of plans and carriers to meet your needs and to keep you in the forefront of employee benefits. We can handle your complete benefit needs, group life, disability, dental, vision and medical coverage. We offer a full array of medical coverage: PPO, POS, HMO and traditional plans to meet your needs.

Group LifeWe have a vast market of products and carriers to meet your needs. This means that we will not force fit you into one company or product. We first start off by determining your needs and wants through a comprehensive needs analysis. Then we shop out your tailored plan through our extensive brokerage market. We have markets for all forms of life insurance, (Whole Life, Term, Mortgage, Universal, and Modified Life Policies). Last, we review and update your plan annually as your needs change.

Group DentalOur smile and oral health care are vital to our well being. Be it you, your spouse or children, dental care is an excellent way to protect your family’s wellbeing. Dental plans provide free comprehensive cleaning twice a year, coverage for major and minor care like filings, extractions, root canals, or oral surgery and orthodontics for children. Let our company help you pick a plan that is beneficial to your needs.

Group DisabilityBecoming disabled is an unfortunate hazard of life. The incidents of disability occur three times more frequently prior to retirement than premature death. On an average disability last around five years, and can destroy the financial plans of the unprepared. While Social Security can provide some relief in the event of a disability, these benefits are usually subsistence levels and hard to qualify for with a one year wait. The risks associated with disability can be compensated against. The most valuable asset an individual possesses is the ability to earn an income, which is why it needs to be protected.

Group Legal Services Plans

Group Long Term CareLong term care is a type of insurance to help alleviate some of the costs if you become unable to care for yourself due to an extended illness or disability. These financial obligations could be very costly to you or your family members. Let our company assist you in finding the right long term care plan for you.

Pension & Retirement PlanningNinty percent of the work force do not plan for retirement. Ninety eight percent of the work force depend on their employer and the government to provide for their retirement benefits. Seventy five percent of key employees surveyed stated that a retirement plan determined their long term commitment to their employer. We can structure a plan from a sole operation to the employer with thousands of employees. We can structure a plan to meet your financial needs and investment risk.

Section 303 Stock RedemptionSection 303 is a stock redemption plan is a way of a company retaining the ownership of a closely held company instead of one person trying to buy it. The company would redeem the stock and then invest it back into the company. This allows for company tax breaks.

Voluntary Benefit Enhancement ProgramOver the years, employers have had to cut back shift costs or terminate benefits. One option that has put new life in benefit programs is Voluntary Employee Benefits Plans. VEBE is one way to improve benefit plans by giving employees the option to pick and choose their own benefits without putting more burden on the company's budget. There is a large list of coverage that can be offered and can be fully funded by the employees. The VEBE is a great way to enhance your current benefits.